Day: 14 March 2025

Vermont’s Department of Financial Regulation has withdrawn its legal challenge against Coinbase, marking another victory for the crypto exchange amid shifting regulatory tides in the United States.  The decision, announced on March 13, follows the U.S. Securities and Exchange Commission’s (SEC) dismissal of its case against Coinbase on February 28. ...

A Democratic lawmaker is calling on the U.S. Treasury to abandon plans for a strategic cryptocurrency reserve, citing potential conflicts of interest involving President Donald Trump and arguing that such a move offers no tangible benefits to the American people. In a letter dated March 13, House Representative Gerald E. ...

The rollout of the digital ruble is facing significant challenges, as approximately 30% of Russian banks reportedly remain unprepared due to outdated infrastructure and resistance to the country’s Central Bank Digital Currency (CBDC) initiative, the Digital Ruble.  A recent survey conducted by tech firms Flant and Diasoft, as reported by ...

Memecoins continue to struggle with no signs of recovery following the mid-February crypto market crash. According to a new Matrixport report, the memecoin sector remains stagnant despite conditions that typically favour cryptocurrency growth, including a weakening U.S. dollar and improved inflation data. Matrixport analysts have warned traders about an impending ...

World Liberty Financial (WLFI), the crypto project affiliated with President Donald Trump, has successfully concluded its token sale, raising $550 million – significantly exceeding its revised fundraising target.  The token sale officially ended 13 hours ago, and the previously announced 12-month lock-up period has now commenced. The fundraising campaign, which ...

Russian oil companies are increasingly using cryptocurrencies to bypass Western sanctions and facilitate transactions with China and India, according to Reuters. Some firms are reportedly using Bitcoin (BTC), Ethereum (ETH), and stablecoins like Tether (USDT) to convert Chinese yuan and Indian rupees into Russian rubles. While still a small portion ...

Turkey’s Capital Markets Board (CMB) has introduced a new regulatory framework to tighten oversight of cryptocurrency exchanges, custodians, and wallet service providers. The new rules, announced on March 13, impose stricter compliance requirements, transparency measures, and operational restrictions on crypto businesses operating in the country. Under the updated regulations, crypto ...

Stablecoins, particularly Circle’s USDC and Tether’s USDT, are increasingly popular in Latin America as users seek protection from economic instability. According to Bitso’s latest Latin America Crypto Landscape report, stablecoin purchases on the platform surged, comprising 39% of all cryptocurrency transactions in 2024, up from 30% the previous year. This ...

Russia’s Ministry of Finance is advancing plans to regulate the cryptocurrency market by establishing a legal framework and national infrastructure. Deputy Finance Minister Ivan Chebeskov confirmed this initiative through a statement to TASS, highlighting the ministry's commitment to fully legalizing and regulating digital currencies. To achieve this, the Ministry of ...

Aave has integrated Circle’s EURC stablecoin on the Base layer-2 blockchain, enhancing its lending platform with new borrowing and collateral options. Users can now borrow EURC or use it as collateral, marking a shift from traditional USD-pegged stablecoins like USDC, DAI, and USDT. The move aligns with a broader trend ...